Oberweis Micro-Cap Fund
Schedule of Investments (unaudited)
September 30, 2024
Shares | Value | |||||||||||
Equities | 98.0 | % | ||||||||||
Automobile Components | 0.7 | % | ||||||||||
Gentherm, Inc.* | 92,100 | $ | 4,287,255 | |||||||||
Banks | 2.4 | % | ||||||||||
1st Source Corp. | 71,800 | 4,299,384 | ||||||||||
FB Financial Corp.* | 118,700 | 5,570,591 | ||||||||||
Nicolet Bankshares, Inc.* | 46,400 | 4,437,232 | ||||||||||
14,307,207 | ||||||||||||
Beverages | 0.7 | % | ||||||||||
The Vita Coco Co., Inc.* | 141,500 | 4,005,865 | ||||||||||
Biotechnology | 13.9 | % | ||||||||||
ADMA Biologics, Inc.* | 2,040,700 | 40,793,593 | ||||||||||
Ardelyx, Inc.* | 491,900 | 3,389,191 | ||||||||||
CareDx, Inc.* | 250,400 | 7,818,740 | ||||||||||
Catalyst Pharmaceuticals, Inc.* | 458,400 | 9,112,992 | ||||||||||
Dynavax Technologies Corp.* | 366,200 | 4,079,468 | ||||||||||
Kiniksa Pharmaceuticals International PLC* | 201,000 | 5,022,990 | ||||||||||
MannKind Corp.* | 798,800 | 5,024,452 | ||||||||||
Veracyte, Inc.* | 211,000 | 7,182,440 | ||||||||||
82,423,866 | ||||||||||||
Chemicals | 0.9 | % | ||||||||||
Hawkins, Inc. | 44,000 | 5,608,680 | ||||||||||
Commercial Services & Supplies | 3.5 | % | ||||||||||
Aris Water Solutions, Inc. | 195,200 | 3,293,024 | ||||||||||
CECO Environmental Corp.* | 201,400 | 5,679,480 | ||||||||||
Interface, Inc. | 409,900 | 7,775,803 | ||||||||||
VSE Corp. | 45,200 | 3,739,396 | ||||||||||
20,487,703 | ||||||||||||
Communications Equipment | 3.6 | % | ||||||||||
Applied Optoelectronics, Inc.* | 865,915 | 12,391,244 | ||||||||||
Aviat Networks, Inc.* | 199,307 | 4,311,010 | ||||||||||
Harmonic, Inc.* | 303,000 | 4,414,710 | ||||||||||
21,116,964 | ||||||||||||
Construction & Engineering | 5.3 | % | ||||||||||
Argan, Inc.* | 44,400 | 4,503,492 | ||||||||||
Limbach Hldgs., Inc.* | 110,800 | 8,394,208 | ||||||||||
Matrix Service Co.* | 211,075 | 2,433,695 | ||||||||||
Primoris Services Corp. | 209,900 | 12,190,992 | ||||||||||
Sterling Construction Co., Inc.* | 27,300 | 3,959,046 | ||||||||||
31,481,433 | ||||||||||||
Consumer Finance | 2.3 | % | ||||||||||
EZCORP, Inc.* | 685,500 | 7,684,455 | ||||||||||
PROG Hldgs., Inc. | 126,800 | 6,148,532 | ||||||||||
13,832,987 | ||||||||||||
Consumer Staples Distribution & Retail | 0.5 | % | ||||||||||
Natural Grocers by Vitamin Cottage, Inc. | 105,000 | 3,117,450 | ||||||||||
Diversified Consumer Services | 1.2 | % | ||||||||||
OneSpaWorld Hldgs. Ltd. | 422,800 | 6,980,428 | ||||||||||
Electrical Equipment | 3.2 | % | ||||||||||
American Superconductor Corp.* | 634,400 | 14,971,840 | ||||||||||
Powell Industries, Inc. | 16,800 | 3,729,432 | ||||||||||
18,701,272 | ||||||||||||
Electronic Equipment, Instruments & Components | 0.6 | % | ||||||||||
Arlo Technologies, Inc.* | 273,400 | 3,310,874 | ||||||||||
Energy Equipment & Services | 2.0 | % | ||||||||||
Helix Energy Solutions Group, Inc.* | 407,500 | 4,523,250 | ||||||||||
Precision Drilling Corp.* | 59,700 | 3,680,505 | ||||||||||
RPC, Inc. | 604,600 | 3,845,256 | ||||||||||
12,049,011 | ||||||||||||
Entertainment | 1.5 | % | ||||||||||
IMAX Corp.* | 447,000 | 9,167,970 | ||||||||||
Ground Transportation | 0.5 | % | ||||||||||
Universal Logistics Hldgs., Inc. | 69,000 | 2,974,590 | ||||||||||
Healthcare Equipment & Supplies | 7.1 | % | ||||||||||
Artivion, Inc.* | 282,400 | 7,517,488 | ||||||||||
Axogen, Inc.* | 228,000 | 3,196,560 | ||||||||||
Bioventus, Inc.* | 510,914 | 6,105,422 | ||||||||||
LeMaitre Vascular, Inc. | 89,200 | 8,285,788 | ||||||||||
RxSight, Inc.* | 107,600 | 5,318,668 | ||||||||||
SI BONE, Inc.* | 275,900 | 3,857,082 | ||||||||||
TransMedics Group, Inc.* | 47,700 | 7,488,900 | ||||||||||
41,769,908 | ||||||||||||
Healthcare Providers & Services | 2.6 | % | ||||||||||
GeneDx Hldgs. Corp.* | 122,000 | 5,177,680 | ||||||||||
PetIQ, Inc.* | 340,700 | 10,483,339 | ||||||||||
15,661,019 | ||||||||||||
Hotels, Restaurants & Leisure | 3.8 | % | ||||||||||
Despegar.com Corp.* | 253,100 | 3,138,440 | ||||||||||
Playa Hotels & Resorts NV* | 772,500 | 5,986,875 | ||||||||||
Rush Street Interactive, Inc.* | 971,900 | 10,545,115 | ||||||||||
Sweetgreen, Inc.* | 79,201 | 2,807,675 | ||||||||||
22,478,105 | ||||||||||||
Household Durables | 1.3 | % | ||||||||||
M/I Homes, Inc.* | 44,300 | 7,591,248 | ||||||||||
Information Technology Services | 1.5 | % | ||||||||||
Backblaze, Inc.* | 538,700 | 3,442,293 | ||||||||||
Grid Dynamics Hldgs., Inc.* | 403,900 | 5,654,600 | ||||||||||
9,096,893 | ||||||||||||
Insurance | 1.6 | % | ||||||||||
Employers Hldgs., Inc. | 92,500 | 4,437,225 | ||||||||||
Skyward Specialty Insurance Group, Inc.* | 126,600 | 5,156,418 | ||||||||||
9,593,643 | ||||||||||||
Machinery | 5.1 | % | ||||||||||
Blue Bird Corp.* | 299,100 | 14,344,836 | ||||||||||
Energy Recovery, Inc.* | 363,700 | 6,324,743 | ||||||||||
Enerpac Tool Group Corp.* | 77,300 | 3,238,097 | ||||||||||
REV Group, Inc. | 131,800 | 3,698,308 | ||||||||||
The Gorman-Rupp Corp. | 68,900 | 2,683,655 | ||||||||||
30,289,639 | ||||||||||||
Media | 0.5 | % | ||||||||||
Magnite, Inc.* | 200,000 | 2,770,000 | ||||||||||
Metals & Mining | 0.5 | % | ||||||||||
Universal Stainless & Alloy Products, Inc.* | 80,900 | 3,125,167 | ||||||||||
Oil, Gas & Consumable Fuels | 1.0 | % | ||||||||||
Dorian LPG Ltd. | 84,800 | 2,918,816 | ||||||||||
Vital Energy, Inc.* | 113,900 | 3,063,910 | ||||||||||
5,982,726 | ||||||||||||
Paper & Forest Products | 0.8 | % | ||||||||||
Clearwater Paper Corp.* | 175,200 | 5,000,208 | ||||||||||
Pharmaceuticals | 3.3 | % | ||||||||||
Amphastar Pharmaceuticals, Inc.* | 120,000 | 5,823,600 | ||||||||||
ANI Pharmaceuticals, Inc.* | 43,500 | 2,595,210 | ||||||||||
Evolus, Inc.* | 514,900 | 8,341,380 | ||||||||||
Liquidia Corp.* | 250,900 | 2,509,000 | ||||||||||
19,269,190 | ||||||||||||
Professional Services | 2.3 | % | ||||||||||
Huron Consulting Group, Inc.* | 40,500 | 4,402,350 | ||||||||||
ICF International, Inc. | 35,700 | 5,954,403 | ||||||||||
Willdan Group, Inc.* | 79,100 | 3,239,145 | ||||||||||
13,595,898 | ||||||||||||
Semiconductors & Semiconductor Equipment | 14.8 | % | ||||||||||
ACM Research, Inc.* | 416,500 | 8,454,950 | ||||||||||
Aehr Test Systems* | 534,400 | 6,867,040 | ||||||||||
Alpha & Omega Semiconductor Ltd.* | 204,700 | 7,598,464 | ||||||||||
Ambarella, Inc.* | 162,000 | 9,137,610 | ||||||||||
AXT, Inc.* | 865,721 | 2,095,045 | ||||||||||
Camtek Ltd. | 178,180 | 14,227,673 | ||||||||||
Photronics, Inc.* | 186,000 | 4,605,360 | ||||||||||
Silicon Motion Technology Corp. ADS | 106,900 | 6,493,106 | ||||||||||
Ultra Clean Hldgs., Inc.* | 440,100 | 17,573,193 | ||||||||||
Veeco Instruments, Inc.* | 326,600 | 10,820,258 | ||||||||||
87,872,699 | ||||||||||||
Software | 6.9 | % | ||||||||||
AvePoint, Inc.* | 296,300 | 3,487,451 | ||||||||||
Cellebrite DI Ltd.* | 603,600 | 10,164,624 | ||||||||||
OneSpan, Inc.* | 370,700 | 6,179,569 | ||||||||||
Radware Ltd.* | 264,700 | 5,897,516 | ||||||||||
Semrush Hldgs., Inc.* | 194,000 | 3,047,740 | ||||||||||
Verint Systems, Inc.* | 150,000 | 3,799,500 | ||||||||||
Weave Communications, Inc.* | 609,400 | 7,800,320 | ||||||||||
40,376,720 | ||||||||||||
Specialty Retail | 2.1 | % | ||||||||||
Boot Barn Hldgs., Inc.* | 69,400 | 11,609,232 | ||||||||||
Total Equities | ||||||||||||
(Cost: $431,322,415) | $ | 579,935,850 | ||||||||||
Total Investments | 98.0 | % | ||||||||||
(Cost: $431,322,415) | $ | 579,935,850 | ||||||||||
Other Assets Less Liabilities | 2.0 | % | 11,961,883 | |||||||||
Net Assets - 100% | $ | 591,897,733 |
* | Non-income producing security during the period ended September 30, 2024 |
ADS - American depositary share
Oberweis Small-Cap Opportunities Fund
Schedule of Investments (unaudited)
September 30, 2024
Shares | Value | |||||||||||
Equities | 97.2 | % | ||||||||||
Aerospace & Defense | 1.2 | % | ||||||||||
AeroVironment, Inc.* | 82,300 | $ | 16,501,150 | |||||||||
Banks | 1.5 | % | ||||||||||
Ameris Bancorp | 127,900 | 7,979,681 | ||||||||||
Commerce Bancshares, Inc. | 118,300 | 7,027,020 | ||||||||||
First Merchants Corp. | 127,200 | 4,731,840 | ||||||||||
19,738,541 | ||||||||||||
Beverages | 0.8 | % | ||||||||||
Primo Water Corp. | 438,800 | 11,079,700 | ||||||||||
Biotechnology | 3.5 | % | ||||||||||
ADMA Biologics, Inc.* | 700,000 | 13,993,000 | ||||||||||
Krystal Biotech, Inc.* | 46,800 | 8,519,004 | ||||||||||
Myriad Genetics, Inc.* | 360,700 | 9,879,573 | ||||||||||
Veracyte, Inc.* | 400,300 | 13,626,212 | ||||||||||
46,017,789 | ||||||||||||
Chemicals | 1.8 | % | ||||||||||
Cabot Corp. | 152,800 | 17,078,456 | ||||||||||
Quaker Chemical Corp. | 37,700 | 6,352,073 | ||||||||||
23,430,529 | ||||||||||||
Commercial Services & Supplies | 2.1 | % | ||||||||||
Clean Harbors, Inc.* | 89,300 | 21,584,703 | ||||||||||
MSA Safety, Inc. | 34,900 | 6,189,166 | ||||||||||
27,773,869 | ||||||||||||
Construction & Engineering | 0.7 | % | ||||||||||
Comfort Systems USA, Inc. | 25,200 | 9,836,820 | ||||||||||
Consumer Finance | 0.8 | % | ||||||||||
FirstCash Hldgs., Inc. | 97,900 | 11,238,920 | ||||||||||
Consumer Staples Distribution & Retail | 0.9 | % | ||||||||||
Sprouts Farmers Market, Inc.* | 108,500 | 11,979,485 | ||||||||||
Diversified Consumer Services | 5.3 | % | ||||||||||
Bright Horizons Family Solutions, Inc.* | 93,304 | 13,074,690 | ||||||||||
Duolingo, Inc.* | 31,000 | 8,742,620 | ||||||||||
Frontdoor, Inc.* | 408,300 | 19,594,317 | ||||||||||
Grand Canyon Education, Inc.* | 68,400 | 9,702,540 | ||||||||||
Strategic Education, Inc. | 103,000 | 9,532,650 | ||||||||||
Stride, Inc.* | 114,800 | 9,793,588 | ||||||||||
70,440,405 | ||||||||||||
Electrical Equipment | 1.8 | % | ||||||||||
NEXTracker, Inc.* | 330,300 | 12,379,644 | ||||||||||
Vertiv Hldgs. Co. | 113,600 | 11,302,064 | ||||||||||
23,681,708 | ||||||||||||
Electronic Equipment, Instruments & Components | 4.3 | % | ||||||||||
Badger Meter, Inc. | 60,300 | 13,170,123 | ||||||||||
Fabrinet* | 57,200 | 13,524,368 | ||||||||||
Itron, Inc.* | 186,800 | 19,952,108 | ||||||||||
OSI Systems, Inc.* | 69,200 | 10,506,636 | ||||||||||
57,153,235 | ||||||||||||
Energy Equipment & Services | 3.6 | % | ||||||||||
Liberty Energy, Inc. | 326,500 | 6,232,885 | ||||||||||
Tidewater, Inc.* | 206,200 | 14,803,098 | ||||||||||
Weatherford International PLC | 308,600 | 26,206,312 | ||||||||||
47,242,295 | ||||||||||||
Financial Services | 1.5 | % | ||||||||||
Mr. Cooper Group, Inc.* | 144,600 | 13,329,228 | ||||||||||
Payoneer Global, Inc.* | 858,691 | 6,465,943 | ||||||||||
19,795,171 | ||||||||||||
Healthcare Equipment & Supplies | 10.4 | % | ||||||||||
Haemonetics Corp.* | 167,600 | 13,471,688 | ||||||||||
ICU Medical, Inc.* | 130,500 | 23,779,710 | ||||||||||
Integer Hldgs. Corp.* | 88,100 | 11,453,000 | ||||||||||
Lantheus Hldgs., Inc.* | 191,400 | 21,006,150 | ||||||||||
LivaNova PLC* | 271,800 | 14,280,372 | ||||||||||
Merit Medical Systems, Inc.* | 184,500 | 18,234,135 | ||||||||||
Tandem Diabetes Care, Inc.* | 422,100 | 17,901,261 | ||||||||||
TransMedics Group, Inc.* | 116,400 | 18,274,800 | ||||||||||
138,401,116 | ||||||||||||
Healthcare Providers & Services | 5.3 | % | ||||||||||
Addus HomeCare Corp.* | 48,500 | 6,451,955 | ||||||||||
Encompass Health Corp. | 294,500 | 28,460,480 | ||||||||||
HealthEquity, Inc.* | 84,400 | 6,908,140 | ||||||||||
Hims & Hers Health, Inc.* | 943,600 | 17,381,112 | ||||||||||
NeoGenomics, Inc.* | 718,700 | 10,600,825 | ||||||||||
69,802,512 | ||||||||||||
Healthcare Technology | 1.5 | % | ||||||||||
Doximity, Inc.* | 463,100 | 20,177,267 | ||||||||||
Hotels, Restaurants & Leisure | 1.7 | % | ||||||||||
Dutch Bros, Inc.* | 219,000 | 7,014,570 | ||||||||||
Light & Wonder, Inc.* | 55,300 | 5,017,369 | ||||||||||
Wingstop, Inc. | 24,400 | 10,152,352 | ||||||||||
22,184,291 | ||||||||||||
Household Durables | 6.0 | % | ||||||||||
Century Communities, Inc. | 192,700 | 19,844,246 | ||||||||||
Installed Building Products, Inc. | 55,700 | 13,717,239 | ||||||||||
SharkNinja, Inc.* | 425,700 | 46,277,847 | ||||||||||
79,839,332 | ||||||||||||
Information Technology Services | 1.3 | % | ||||||||||
DigitalOcean Hldgs., Inc.* | 422,200 | 17,052,658 | ||||||||||
Insurance | 1.9 | % | ||||||||||
Assurant, Inc. | 68,400 | 13,602,024 | ||||||||||
Oscar Health, Inc.* | 528,900 | 11,217,969 | ||||||||||
24,819,993 | ||||||||||||
Machinery | 5.0 | % | ||||||||||
Esab Corp. | 89,800 | 9,546,638 | ||||||||||
Federal Signal Corp. | 189,600 | 17,720,016 | ||||||||||
Flowserve Corp. | 372,900 | 19,275,201 | ||||||||||
Oshkosh Corp. | 93,500 | 9,369,635 | ||||||||||
SPX Technologies, Inc.* | 61,800 | 9,854,628 | ||||||||||
65,766,118 | ||||||||||||
Marine Transportation | 0.5 | % | ||||||||||
Kirby Corp.* | 53,200 | 6,513,276 | ||||||||||
Metals & Mining | 1.4 | % | ||||||||||
ATI, Inc.* | 99,100 | 6,630,781 | ||||||||||
Carpenter Technology Corp. | 70,900 | 11,314,222 | ||||||||||
17,945,003 | ||||||||||||
Oil, Gas & Consumable Fuels | 1.7 | % | ||||||||||
International Seaways, Inc. | 186,700 | 9,626,252 | ||||||||||
Magnolia Oil & Gas Corp. | 263,500 | 6,434,670 | ||||||||||
Matador Resources Co. | 136,900 | 6,765,598 | ||||||||||
22,826,520 | ||||||||||||
Passenger Airlines | 1.8 | % | ||||||||||
SkyWest, Inc.* | 275,600 | 23,431,512 | ||||||||||
Personal Care Products | 1.3 | % | ||||||||||
BellRing Brands, Inc.* | 206,000 | 12,508,320 | ||||||||||
elf Beauty, Inc.* | 38,400 | 4,186,752 | ||||||||||
16,695,072 | ||||||||||||
Professional Services | 5.4 | % | ||||||||||
ExlService Hldgs., Inc.* | 181,000 | 6,905,150 | ||||||||||
Genpact Ltd. | 442,400 | 17,346,504 | ||||||||||
ICF International, Inc. | 79,300 | 13,226,447 | ||||||||||
Maximus, Inc. | 106,800 | 9,949,488 | ||||||||||
Parsons Corp.* | 233,300 | 24,188,544 | ||||||||||
71,616,133 | ||||||||||||
Semiconductors & Semiconductor Equipment | 10.0 | % | ||||||||||
Axcelis Technologies, Inc.* | 99,900 | 10,474,515 | ||||||||||
Credo Technology Group Hldg. Ltd.* | 777,934 | 23,960,367 | ||||||||||
FormFactor, Inc.* | 306,800 | 14,112,800 | ||||||||||
MACOM Technology Solutions Hlds., Inc.* | 153,100 | 17,033,906 | ||||||||||
Nova Ltd.* | 62,400 | 13,000,416 | ||||||||||
Onto Innovation, Inc.* | 115,500 | 23,973,180 | ||||||||||
Silicon Motion Technology Corp. ADS | 170,400 | 10,350,096 | ||||||||||
Universal Display Corp. | 91,900 | 19,289,810 | ||||||||||
132,195,090 | ||||||||||||
Software | 8.8 | % | ||||||||||
ACI Worldwide, Inc.* | 192,962 | 9,821,766 | ||||||||||
Blackbaud, Inc.* | 76,300 | 6,461,084 | ||||||||||
Box, Inc.* | 522,000 | 17,085,060 | ||||||||||
Clear Secure, Inc. | 579,400 | 19,201,316 | ||||||||||
Q2 Hldgs., Inc.* | 87,100 | 6,947,967 | ||||||||||
SPS Commerce, Inc.* | 34,700 | 6,737,699 | ||||||||||
Varonis Systems, Inc.* | 139,800 | 7,898,700 | ||||||||||
Zeta Global Hldgs. Corp.* | 1,419,400 | 42,340,702 | ||||||||||
116,494,294 | ||||||||||||
Specialty Retail | 1.4 | % | ||||||||||
Abercrombie & Fitch Co.* | 128,500 | 17,977,150 | ||||||||||
Textiles, Apparel & Luxury Goods | 2.0 | % | ||||||||||
Crocs, Inc.* | 141,400 | 20,476,134 | ||||||||||
Deckers Outdoor Corp.* | 43,200 | 6,888,240 | ||||||||||
27,364,374 | ||||||||||||
Total Equities | ||||||||||||
(Cost: $1,056,374,956) | $ | 1,287,011,328 | ||||||||||
Total Investments | 97.2 | % | ||||||||||
(Cost: $1,056,374,956) | $ | 1,287,011,328 | ||||||||||
Other Assets Less Liabilities | 2.8 | % | 37,605,143 | |||||||||
Net Assets - 100% | $ | 1,324,616,471 |
* | Non-income producing security during the period ended September 30, 2024 |
ADS - American depositary share
Oberweis Global Opportunities Fund
Schedule of Investments (unaudited)
September 30, 2024
Shares | Value | |||||||||||
Equities | 95.3 | % | ||||||||||
Canada | 1.0 | % | ||||||||||
Bird Construction, Inc. | 31,700 | $ | 566,030 | |||||||||
China | 1.3 | % | ||||||||||
American Superconductor Corp.* | 30,000 | 708,000 | ||||||||||
Germany | 2.0 | % | ||||||||||
CTS Eventim AG & Co KGaA* | 6,300 | 654,614 | ||||||||||
Gerresheimer AG | 5,000 | 445,236 | ||||||||||
1,099,850 | ||||||||||||
India | 3.8 | % | ||||||||||
Federal Bank Ltd. | 320,000 | 751,225 | ||||||||||
MakeMyTrip Ltd.* | 5,600 | 520,520 | ||||||||||
TVS Motor Co. Ltd. | 25,000 | 847,196 | ||||||||||
2,118,941 | ||||||||||||
Israel | 0.9 | % | ||||||||||
Cellebrite DI Ltd.* | 30,500 | 513,620 | ||||||||||
Japan | 8.8 | % | ||||||||||
Asics Corp. | 91,800 | 1,916,798 | ||||||||||
Fuji Electric Co. Ltd. | 23,100 | 1,385,437 | ||||||||||
Santen Pharmaceutical Co. Ltd. | 134,100 | 1,618,343 | ||||||||||
4,920,578 | ||||||||||||
Norway | 3.7 | % | ||||||||||
Kongsberg Gruppen ASA | 10,000 | 977,921 | ||||||||||
Subsea 7 SA | 67,300 | 1,087,334 | ||||||||||
2,065,255 | ||||||||||||
South Korea | 1.1 | % | ||||||||||
LEENO Industrial, Inc.* | 4,100 | 592,567 | ||||||||||
Sweden | 2.2 | % | ||||||||||
Saab AB | 57,200 | 1,215,991 | ||||||||||
Switzerland | 2.9 | % | ||||||||||
Accelleron Industries AG | 31,600 | 1,636,749 | ||||||||||
Taiwan | 1.5 | % | ||||||||||
eMemory Technology, Inc. | 10,000 | 831,056 | ||||||||||
United Kingdom | 10.9 | % | ||||||||||
Ashtead Technology Hldgs. PLC | 176,100 | 1,337,230 | ||||||||||
Cranswick PLC | 16,500 | 1,107,353 | ||||||||||
Games Workshop Group PLC | 6,200 | 891,043 | ||||||||||
Informa PLC | 48,800 | 535,104 | ||||||||||
Intermediate Capital Group PLC* | 17,200 | 512,321 | ||||||||||
Marks & Spencer Group PLC | 339,400 | 1,690,648 | ||||||||||
6,073,699 | ||||||||||||
United States of America | 55.2 | % | ||||||||||
ACI Worldwide, Inc.* | 11,300 | 575,170 | ||||||||||
ADMA Biologics, Inc.* | 93,800 | 1,875,062 | ||||||||||
AeroVironment, Inc.* | 3,900 | 781,950 | ||||||||||
Amphastar Pharmaceuticals, Inc.* | 20,100 | 975,453 | ||||||||||
Ardelyx, Inc.* | 82,800 | 570,492 | ||||||||||
Aris Water Solutions, Inc. | 30,000 | 506,100 | ||||||||||
Axcelis Technologies, Inc.* | 5,029 | 527,291 | ||||||||||
CareDx, Inc.* | 39,200 | 1,224,020 | ||||||||||
Carpenter Technology Corp. | 5,700 | 909,606 | ||||||||||
Clean Harbors, Inc.* | 7,000 | 1,691,970 | ||||||||||
Credo Technology Group Hldg. Ltd.* | 43,000 | 1,324,400 | ||||||||||
Flowserve Corp. | 15,100 | 780,519 | ||||||||||
FormFactor, Inc.* | 11,900 | 547,400 | ||||||||||
LeMaitre Vascular, Inc. | 10,400 | 966,056 | ||||||||||
Merit Medical Systems, Inc.* | 7,500 | 741,225 | ||||||||||
Onto Innovation, Inc.* | 8,000 | 1,660,480 | ||||||||||
Oscar Health, Inc.* | 43,700 | 926,877 | ||||||||||
Parsons Corp.* | 18,800 | 1,949,184 | ||||||||||
Q2 Hldgs., Inc.* | 11,300 | 901,401 | ||||||||||
RxSight, Inc.* | 17,000 | 840,310 | ||||||||||
SharkNinja, Inc.* | 18,600 | 2,022,006 | ||||||||||
Sweetgreen, Inc.* | 14,600 | 517,570 | ||||||||||
Tandem Diabetes Care, Inc.* | 23,900 | 1,013,599 | ||||||||||
The Vita Coco Co., Inc.* | 21,200 | 600,172 | ||||||||||
TransMedics Group, Inc.* | 4,100 | 643,700 | ||||||||||
Veracyte, Inc.* | 67,100 | 2,284,084 | ||||||||||
Weatherford International PLC | 15,400 | 1,307,768 | ||||||||||
Zeta Global Hldgs. Corp.* | 74,600 | 2,225,318 | ||||||||||
30,889,183 | ||||||||||||
Total Equities | ||||||||||||
(Cost: $40,929,998) | $ | 53,231,519 | ||||||||||
Total Investments | 95.3 | % | ||||||||||
(Cost: $40,929,998) | $ | 53,231,519 | ||||||||||
Other Assets Less Liabilities | 4.7 | % | 2,608,028 | |||||||||
Net Assets - 100% | $ | 55,839,547 |
* | Non-income producing security during the period ended September 30, 2024 |
SECTOR ALLOCATIONS (As a Percentage of Net Assets) | ||||
Communication Services | 2.1 | % | ||
Consumer Discretionary | 12.0 | % | ||
Consumer Staples | 6.1 | % | ||
Energy | 4.3 | % | ||
Financials | 3.9 | % | ||
Healthcare | 23.6 | % | ||
Industrials | 24.2 | % | ||
Information Technology | 17.4 | % | ||
Materials | 1.7 | % |
Oberweis China Opportunities Fund
Schedule of Investments (unaudited)
September 30, 2024
Shares | Value | |||||||||||
Equities | 99.4 | % | ||||||||||
Automobiles | 1.9 | % | ||||||||||
BYD Co. Ltd. | 22,500 | $ | 821,402 | |||||||||
Banks | 2.3 | % | ||||||||||
China Construction Bank Corp. | 1,300,000 | 983,290 | ||||||||||
Beverages | 1.7 | % | ||||||||||
Kweichow Moutai Co. Ltd.* | 3,000 | 747,424 | ||||||||||
Biotechnology | 5.2 | % | ||||||||||
Akeso, Inc.* | 80,000 | 705,952 | ||||||||||
Ascentage Pharma Group International* | 80,000 | 424,497 | ||||||||||
BeiGene Ltd.* | 60,000 | 1,116,814 | ||||||||||
2,247,263 | ||||||||||||
Broadline Retail | 14.5 | % | ||||||||||
Alibaba Group Hldg. Ltd. | 230,000 | 3,254,480 | ||||||||||
JD.com, Inc.* | 33,000 | 709,335 | ||||||||||
PDD Hldgs. ADS* | 17,000 | 2,291,770 | ||||||||||
6,255,585 | ||||||||||||
Capital Markets | 3.6 | % | ||||||||||
Futu Hldgs. Ltd. ADS* | 12,000 | 1,147,800 | ||||||||||
Hong Kong Exchanges & Clearing Ltd.* | 10,000 | 419,609 | ||||||||||
1,567,409 | ||||||||||||
Construction & Engineering | 1.5 | % | ||||||||||
Acter Group Corp. Ltd.* | 25,000 | 242,523 | ||||||||||
China State Construction International Hldgs. Ltd. | 250,000 | 389,123 | ||||||||||
631,646 | ||||||||||||
Diversified Consumer Services | 1.1 | % | ||||||||||
TAL Education Group ADS* | 40,000 | 473,600 | ||||||||||
Electrical Equipment | 4.0 | % | ||||||||||
Bizlink Hldg., Inc.* | 30,000 | 437,015 | ||||||||||
Contemporary Amperex Technology Co. Ltd. | 23,000 | 825,739 | ||||||||||
Ningbo Sanxing Medical Electric Co. Ltd. | 90,000 | 447,556 | ||||||||||
1,710,310 | ||||||||||||
Electronic Equipment, Instruments & Components | 3.4 | % | ||||||||||
E Ink Hldgs., Inc.* | 60,000 | 555,512 | ||||||||||
Lens Technology Co. Ltd.* | 80,000 | 233,178 | ||||||||||
Lotes Co. Ltd. | 5,000 | 218,824 | ||||||||||
Yageo Corp. | 23,455 | 461,748 | ||||||||||
1,469,262 | ||||||||||||
Entertainment | 3.6 | % | ||||||||||
Bilibili, Inc.* | 35,000 | 872,535 | ||||||||||
NetEase, Inc. | 35,000 | 677,588 | ||||||||||
1,550,123 | ||||||||||||
Healthcare Equipment & Supplies | 1.0 | % | ||||||||||
Angelalign Technology, Inc.* | 45,000 | 437,039 | ||||||||||
Hotels, Restaurants & Leisure | 11.6 | % | ||||||||||
MakeMyTrip Ltd.* | 4,500 | 418,275 | ||||||||||
Meituan* | 135,000 | 2,986,918 | ||||||||||
Trip.com Group Ltd.* | 25,000 | 1,579,002 | ||||||||||
4,984,195 | ||||||||||||
Information Technology Services | 2.9 | % | ||||||||||
GDS Hldgs. Ltd.* | 450,000 | 1,264,809 | ||||||||||
Insurance | 5.2 | % | ||||||||||
AIA Group Ltd. | 110,000 | 985,541 | ||||||||||
China Pacific Insurance (Group) Co. Ltd. | 350,000 | 1,260,629 | ||||||||||
2,246,170 | ||||||||||||
Interactive Media & Services | 7.3 | % | ||||||||||
Tencent Hldgs. Ltd. | 55,000 | 3,145,525 | ||||||||||
Metals & Mining | 2.3 | % | ||||||||||
Zijin Mining Group Co. Ltd. | 430,000 | 976,832 | ||||||||||
Oil, Gas & Consumable Fuels | 2.3 | % | ||||||||||
China Shenhua Energy Co. Ltd. | 130,000 | 586,128 | ||||||||||
PetroChina Co. Ltd. | 500,000 | 407,775 | ||||||||||
993,903 | ||||||||||||
Pharmaceuticals | 1.9 | % | ||||||||||
Hansoh Pharmaceutical Group Co. Ltd. | 300,000 | 808,475 | ||||||||||
Retail REITs | 0.9 | % | ||||||||||
Link REIT* | 80,000 | 403,916 | ||||||||||
Semiconductors & Semiconductor Equipment | 12.5 | % | ||||||||||
ASPEED Technology, Inc. | 3,000 | 408,102 | ||||||||||
Everlight Electronics Co. Ltd. | 150,000 | 360,229 | ||||||||||
Foxsemicon Integrated Technology, Inc. | 50,000 | 563,253 | ||||||||||
Monolithic Power Systems, Inc. | 750 | 693,375 | ||||||||||
MPI Corp.* | 15,000 | 354,068 | ||||||||||
Pixart Imaging, Inc.* | 100,000 | 850,015 | ||||||||||
Taiwan Semiconductor Manufacturing Co. Ltd. ADS | 12,500 | 2,170,875 | ||||||||||
5,399,917 | ||||||||||||
Specialty Retail | 3.2 | % | ||||||||||
Pop Mart International Group Ltd. | 200,000 | 1,369,969 | ||||||||||
Technology Hardware, Storage & Peripherals | 3.3 | % | ||||||||||
Asustek Computer, Inc.* | 30,000 | 524,229 | ||||||||||
Xiaomi Corp.* | 310,000 | 897,233 | ||||||||||
1,421,462 | ||||||||||||
Textiles, Apparel & Luxury Goods | 1.5 | % | ||||||||||
ANTA Sports Products Ltd.* | 55,000 | 668,230 | ||||||||||
Water Utilities | 0.7 | % | ||||||||||
Beijing Enterprises Water Group Ltd. | 1,100,000 | 342,428 | ||||||||||
Total Equities | ||||||||||||
(Cost: $33,941,371) | $ | 42,920,184 | ||||||||||
Short-Term Investments | 1.9 | % | ||||||||||
Fidelity Investments Money Market Government Portfolio Class I 4.83%a | 798,363 | 798,363 | ||||||||||
Total Short-Term Investments | ||||||||||||
(Cost: $798,363) | $ | 798,363 | ||||||||||
Total Investments | 101.3 | % | ||||||||||
(Cost: $34,739,734) | $ | 43,718,547 | ||||||||||
Other Liabilities Less Assets | (1.3 | )% | (566,909 | ) | ||||||||
Net Assets - 100% | $ | 43,151,638 |
a | Annualized seven-day effective yield as of September 30, 2024 |
* | Non-income producing security during the period ended September 30, 2024 |
ADS - American depositary share
COUNTRY ALLOCATION (As a Percentage of Net Assets) | ||||
China ( Includes the People's Republic of China, Taiwan and Hong Kong) | 98.4 | % | ||
India | 1.0 | % |
Oberweis Emerging Markets Fund
Schedule of Investments (unaudited)
September 30, 2024
Shares | Value | |||||||||||
Equities | 99.7 | % | ||||||||||
Argentina | 3.1 | % | ||||||||||
Arcos Dorados Hldgs., Inc. | 30,000 | $ | 261,600 | |||||||||
Despegar.com Corp.* | 22,500 | 279,000 | ||||||||||
540,600 | ||||||||||||
Brazil | 9.8 | % | ||||||||||
Embraer SA ADS* | 10,300 | 364,311 | ||||||||||
GPS Participacoes e Empreendimentos SA | 91,300 | 312,395 | ||||||||||
Grupo SBF SA* | 73,000 | 221,102 | ||||||||||
Petro Rio SA* | 27,200 | 216,344 | ||||||||||
Santos Brasil Participacoes SA | 107,100 | 290,177 | ||||||||||
VTEX* | 42,200 | 313,968 | ||||||||||
1,718,297 | ||||||||||||
Chile | 1.3 | % | ||||||||||
Embotelladora Andina SA | 66,700 | 224,731 | ||||||||||
China | 8.2 | % | ||||||||||
Chongqing Brewery Co. Ltd. | 22,000 | 219,903 | ||||||||||
DPC Dash Ltd.* | 40,000 | 403,401 | ||||||||||
Hangzhou Robam Appliances Co. Ltd. | 63,000 | 208,141 | ||||||||||
Haitian International Hldgs. Ltd. | 90,000 | 289,430 | ||||||||||
Jiangsu Hengli Hydraulic Co. Ltd. | 34,500 | 309,787 | ||||||||||
1,430,662 | ||||||||||||
France | 1.4 | % | ||||||||||
Gaztransport & Technigaz SA | 1,750 | 246,800 | ||||||||||
Greece | 1.5 | % | ||||||||||
Greek Organization of Football Prognostics SA | 14,400 | 255,815 | ||||||||||
Hungary | 1.9 | % | ||||||||||
Richter Gedeon Nyrt | 10,842 | 333,843 | ||||||||||
India | 17.7 | % | ||||||||||
Aditya Vision Ltd. | 36,150 | 214,610 | ||||||||||
Emudhra Ltd. | 25,250 | 265,151 | ||||||||||
Federal Bank Ltd. | 96,800 | 227,245 | ||||||||||
Kaynes Technology India Ltd.* | 3,300 | 213,660 | ||||||||||
KEI Industries Ltd. | 5,148 | 263,988 | ||||||||||
MakeMyTrip Ltd.* | 3,300 | 306,735 | ||||||||||
Medi Assist Healthcare Services Ltd. | 45,028 | 354,496 | ||||||||||
Oracle Financial Services Software Ltd. | 2,503 | 342,252 | ||||||||||
PB Fintech Ltd.* | 12,083 | 233,575 | ||||||||||
SAMHI Hotels Ltd.* | 88,400 | 211,703 | ||||||||||
Senco Gold Ltd. | 16,100 | 274,945 | ||||||||||
TVS Motor Co. Ltd. | 5,200 | 176,217 | ||||||||||
3,084,577 | ||||||||||||
Indonesia | 12.2 | % | ||||||||||
PT Avia Avian Tbk | 7,394,800 | 243,237 | ||||||||||
PT Cisarua Mountain Dairy Tbk | 1,061,000 | 395,948 | ||||||||||
PT Indofood CBP Sukses Makmur Tbk* | 308,700 | 251,303 | ||||||||||
PT Kalbe Farma Tbk* | 2,100,000 | 239,267 | ||||||||||
PT Mitra Adiperkasa Tbk* | 2,317,600 | 269,417 | ||||||||||
PT Sumber Alfaria Trijaya Tbk | 1,865,200 | 389,302 | ||||||||||
PT United Tractors Tbk | 195,800 | 351,121 | ||||||||||
2,139,595 | ||||||||||||
Mexico | 3.8 | % | ||||||||||
BBB Foods, Inc.* | 11,000 | 330,000 | ||||||||||
Prologis Property Mexico SA de CV | 52,956 | 173,230 | ||||||||||
Regional SAB de CV | 27,171 | 157,741 | ||||||||||
660,971 | ||||||||||||
Philippines | 4.1 | % | ||||||||||
International Container Terminal Services, Inc. | 71,800 | 517,639 | ||||||||||
Converge Information and Communications Technology Solutions, Inc. | 700,000 | 204,363 | ||||||||||
722,002 | ||||||||||||
South Africa | 1.9 | % | ||||||||||
Clicks Group Ltd. | 14,080 | 323,504 | ||||||||||
South Korea | 17.2 | % | ||||||||||
Classys, Inc. | 12,327 | 509,972 | ||||||||||
Doosan Corp.* | 1,389 | 180,038 | ||||||||||
HD Hyundai Marine Solution Co. Ltd.* | 3,600 | 285,478 | ||||||||||
Hugel, Inc.* | 1,850 | 338,820 | ||||||||||
KakaoBank Corp.* | 15,406 | 249,168 | ||||||||||
LEENO Industrial, Inc. | 1,988 | 287,323 | ||||||||||
LIG Nex1 Co. Ltd.* | 2,200 | 354,974 | ||||||||||
Lunit, Inc.* | 7,637 | 251,121 | ||||||||||
Park Systems Corp. | 2,476 | 365,426 | ||||||||||
SK Square Co. Ltd.* | 2,834 | 175,107 | ||||||||||
2,997,427 | ||||||||||||
Sweden | 2.0 | % | ||||||||||
Medicover AB* | 18,900 | 354,332 | ||||||||||
Taiwan | 11.5 | % | ||||||||||
Airtac International Group | 7,000 | 201,950 | ||||||||||
Alchip Technologies Ltd. | 2,000 | 124,816 | ||||||||||
Chroma ATE, Inc.* | 23,000 | 271,452 | ||||||||||
E Ink Hldgs., Inc. | 49,000 | 453,668 | ||||||||||
eMemory Technology, Inc. | 5,000 | 415,528 | ||||||||||
Ennoconn Corp. | 39,000 | 356,153 | ||||||||||
M31 Technology Corp. | 6,960 | 181,007 | ||||||||||
2,004,574 | ||||||||||||
Thailand | 1.0 | % | ||||||||||
Mega Lifesciences PCL | 145,300 | 177,236 | ||||||||||
United Kingdom | 1.1 | % | ||||||||||
WAG Payment Solutions PLC* | 173,000 | 196,128 | ||||||||||
Total Equities | ||||||||||||
(Cost: $14,074,734) | $ | 17,411,094 | ||||||||||
Short-Term Investments | 1.2 | % | ||||||||||
Fidelity Investments Money Market Government Portfolio Class I 4.83%a | 216,461 | 216,461 | ||||||||||
Total Short-Term Investments | ||||||||||||
(Cost: $216,461) | $ | 216,461 | ||||||||||
Total Investments | 100.9 | % | ||||||||||
(Cost: $14,291,195) | $ | 17,627,555 | ||||||||||
Other Liabilities Less Assets | (.9 | )% | (154,420 | ) | ||||||||
Net Assets - 100% | $ | 17,473,135 |
a | Annualized seven-day effective yield as of September 30, 2024 |
* | Non-income producing security during the period ended September 30, 2024 |
ADS - American depositary share
SECTOR ALLOCATIONS (As a Percentage of Net Assets) | ||||
Communication Services | 3.0 | % | ||
Consumer Discretionary | 17.6 | % | ||
Consumer Staples | 12.2 | % | ||
Energy | 4.7 | % | ||
Financials | 6.1 | % | ||
Healthcare | 14.6 | % | ||
Industrials | 21.8 | % | ||
Information Technology | 17.2 | % | ||
Materials | 1.4 | % | ||
Real Estate | 1.1 | % |
Oberweis International Opportunities Fund
Schedule of Investments (unaudited)
September 30, 2024
Shares | Value | |||||||||||
Equities | 98.0 | % | ||||||||||
Australia | 4.5 | % | ||||||||||
GrainCorp Ltd. | 614,823 | $ | 3,910,385 | |||||||||
JB Hi-Fi Ltd. | 139,912 | 7,732,157 | ||||||||||
Nick Scali Ltd. | 416,100 | 4,775,154 | ||||||||||
16,417,696 | ||||||||||||
Canada | 7.1 | % | ||||||||||
Alamos Gold, Inc. | 178,500 | 3,556,802 | ||||||||||
AtkinsRealis Group, Inc. | 43,300 | 1,759,213 | ||||||||||
Bird Construction, Inc. | 215,234 | 3,843,180 | ||||||||||
CES Energy Solutions Corp. | 478,500 | 2,646,344 | ||||||||||
Definity Financial Corp. | 141,400 | 5,698,864 | ||||||||||
Element Fleet Management Corp. | 330,700 | 7,032,112 | ||||||||||
Stantec, Inc. | 20,500 | 1,648,488 | ||||||||||
26,185,003 | ||||||||||||
Denmark | 2.9 | % | ||||||||||
ALK-Abello A/S* | 217,900 | 5,590,183 | ||||||||||
ROCKWOOL A/S* | 10,861 | 5,099,152 | ||||||||||
10,689,335 | ||||||||||||
Finland | 4.3 | % | ||||||||||
Konecranes Oyj* | 79,000 | 5,926,759 | ||||||||||
Metso Corp. | 445,968 | 4,765,464 | ||||||||||
Outokumpu Oyj | 380,243 | 1,537,225 | ||||||||||
Wärtsilä Oyj | 165,700 | 3,707,223 | ||||||||||
15,936,671 | ||||||||||||
France | 4.9 | % | ||||||||||
Bureau Veritas SA* | 160,300 | 5,313,595 | ||||||||||
Nexans SA* | 46,500 | 6,811,443 | ||||||||||
Spie SA | 148,100 | 5,654,308 | ||||||||||
17,779,346 | ||||||||||||
Germany | 2.8 | % | ||||||||||
CTS Eventim AG & Co. | 80,051 | 8,317,855 | ||||||||||
SUSS MicroTec SE* | 24,300 | 1,858,203 | ||||||||||
10,176,058 | ||||||||||||
Italy | 3.1 | % | ||||||||||
Brunello Cucinelli SpA | 51,600 | 5,556,879 | ||||||||||
De' Longhi SpA | 191,300 | 5,881,240 | ||||||||||
11,438,119 | ||||||||||||
Japan | 24.0 | % | ||||||||||
ABC-Mart, Inc. | 262,400 | 5,568,412 | ||||||||||
Asics Corp. | 373,300 | 7,794,561 | ||||||||||
BayCurrent Consulting, Inc. | 140,100 | 5,170,224 | ||||||||||
Daiwa Securities Group, Inc. | 777,000 | 5,433,188 | ||||||||||
Fuji Electric Co. Ltd. | 89,800 | 5,385,813 | ||||||||||
Fujikura Ltd. | 239,000 | 8,011,842 | ||||||||||
Isetan Mitsukoshi Hldgs. Ltd. | 284,500 | 4,406,311 | ||||||||||
JVCKenwood Corp. | 676,800 | 6,333,595 | ||||||||||
NH Foods Ltd.* | 118,000 | 4,378,459 | ||||||||||
Nichirei Corp. | 143,200 | 4,450,683 | ||||||||||
Organo Corp. | 58,100 | 2,829,710 | ||||||||||
Ryohin Keikaku Co. Ltd. | 266,000 | 4,874,893 | ||||||||||
Santen Pharmaceutical Co. Ltd. | 839,200 | 10,127,622 | ||||||||||
Sundrug Co. Ltd. | 127,700 | 3,761,919 | ||||||||||
The Japan Steel Works Ltd. | 74,100 | 2,590,213 | ||||||||||
Toyo Suisan Kaisha Ltd. | 56,100 | 3,649,184 | ||||||||||
ULVAC, Inc. | 59,100 | 3,132,947 | ||||||||||
87,899,576 | ||||||||||||
Netherlands | 2.1 | % | ||||||||||
Arcadis NV | 113,200 | 7,837,311 | ||||||||||
Norway | 8.0 | % | ||||||||||
Aker Solutions ASA* | 547,800 | 2,106,484 | ||||||||||
Hoegh Autoliners ASA | 267,100 | 3,444,737 | ||||||||||
Kongsberg Gruppen ASA | 126,500 | 12,370,700 | ||||||||||
Storebrand ASA* | 556,648 | 6,113,475 | ||||||||||
Subsea 7 SA | 316,900 | 5,120,009 | ||||||||||
29,155,405 | ||||||||||||
Spain | 1.4 | % | ||||||||||
Banco de Sabadell SA | 2,352,500 | 4,998,801 | ||||||||||
Sweden | 6.6 | % | ||||||||||
AAK AB | 135,620 | 4,446,820 | ||||||||||
AddTech AB | 149,100 | 4,465,997 | ||||||||||
Hemnet Group AB* | 94,200 | 3,467,143 | ||||||||||
Munters Group AB | 48,700 | 1,111,537 | ||||||||||
Saab AB | 374,600 | 7,963,464 | ||||||||||
Storskogen Group AB* | 2,880,000 | 2,760,358 | ||||||||||
24,215,319 | ||||||||||||
Switzerland | 2.7 | % | ||||||||||
Accelleron Industries AG | 194,300 | 10,063,932 | ||||||||||
United Kingdom | 23.6 | % | ||||||||||
Ashtead Technology Hldgs. PLC | 451,800 | 3,430,781 | ||||||||||
Bunzl PLC* | 77,800 | 3,675,738 | ||||||||||
Cranswick PLC | 98,200 | 6,590,428 | ||||||||||
Diploma PLC | 104,800 | 6,212,342 | ||||||||||
Games Workshop Group PLC | 39,850 | 5,727,106 | ||||||||||
Greggs PLC | 86,500 | 3,612,647 | ||||||||||
Howden Joinery Group PLC | 301,621 | 3,657,356 | ||||||||||
IMI PLC | 225,816 | 5,470,302 | ||||||||||
Informa PLC | 490,300 | 5,376,257 | ||||||||||
Intermediate Capital Group PLC | 403,300 | 12,012,733 | ||||||||||
Just Group PLC | 1,714,600 | 3,190,806 | ||||||||||
Keller Group PLC | 229,100 | 4,949,540 | ||||||||||
Marks and Spencer Group PLC | 2,139,600 | 10,657,954 | ||||||||||
Morgan Sindall Group PLC | 122,171 | 5,030,571 | ||||||||||
Molten Ventures PLC* | 857,700 | 4,632,497 | ||||||||||
Telecom Plus PLC | 96,400 | 2,381,647 | ||||||||||
86,608,705 | ||||||||||||
Total Equities | ||||||||||||
(Cost: $291,327,248) | $ | 359,401,277 | ||||||||||
Short-Term Investments | 1.2 | % | ||||||||||
Fidelity Investments Money Market Government Portfolio Class I 4.83%a | 4,284,269 | 4,284,269 | ||||||||||
Total Short-Term Investments | ||||||||||||
(Cost: $4,284,269) | $ | 4,284,269 | ||||||||||
Total Investments | 99.2 | % | ||||||||||
(Cost: $295,611,517) | $ | 363,685,546 | ||||||||||
Other Assets Less Liabilities | 0.8 | % | 2,763,242 | |||||||||
Net Assets - 100% | $ | 366,448,788 |
a | Annualized seven-day effective yield as of September 30, 2024 |
* | Non-income producing security during the period ended September 30, 2024 |
SECTOR ALLOCATIONS (As a Percentage of Net Assets) | ||||
Communication Services | 4.7 | % | ||
Consumer Discretionary | 17.0 | % | ||
Consumer Staples | 11.4 | % | ||
Energy | 2.7 | % | ||
Financials | 11.5 | % | ||
Healthcare | 4.3 | % | ||
Industrials | 43.1 | % | ||
Information Technology | 1.4 | % | ||
Materials | 1.4 | % | ||
Utilities | 0.5 | % |
Oberweis Focused International Growth Fund
Schedule of Investments (unaudited)
September 30, 2024
Shares | Value | |||||||||||
Equities | 98.5 | % | ||||||||||
Australia | 2.0 | % | ||||||||||
BHP Group Ltd. | 4,400 | $ | 139,802 | |||||||||
Canada | 5.2 | % | ||||||||||
Dollarama, Inc. | 3,500 | 358,514 | ||||||||||
Denmark | 2.4 | % | ||||||||||
Novo Nordisk A/S | 1,400 | 164,489 | ||||||||||
France | 9.4 | % | ||||||||||
LVMH Moet Hennessy Louis Vuitton SE | 330 | 252,900 | ||||||||||
Publicis Groupe SA | 2,700 | 295,125 | ||||||||||
Schneider Electric SE | 400 | 105,165 | ||||||||||
653,190 | ||||||||||||
Germany | 10.8 | % | ||||||||||
Münchener Rückversicherungs AG* | 280 | 154,056 | ||||||||||
Rheinmetall AG | 470 | 254,461 | ||||||||||
SAP SE | 1,500 | 341,273 | ||||||||||
749,790 | ||||||||||||
Italy | 6.4 | % | ||||||||||
Ferrari NV | 240 | 112,119 | ||||||||||
UniCredit SpA | 7,600 | 333,008 | ||||||||||
445,127 | ||||||||||||
Japan | 14.2 | % | ||||||||||
Bridgestone Corp. | 1,800 | 68,882 | ||||||||||
Hitachi Ltd. | 14,200 | 373,562 | ||||||||||
Mitsubishi UFJ Financial Group, Inc. | 9,900 | 100,119 | ||||||||||
Sony Group Corp. | 7,500 | 144,938 | ||||||||||
Sumitomo Corp. | 6,000 | 133,338 | ||||||||||
Toyota Motor Corp. | 9,000 | 159,210 | ||||||||||
980,049 | ||||||||||||
Netherlands | 3.3 | % | ||||||||||
ASML Hldg. NV | 155 | 128,638 | ||||||||||
ING Groep NV | 5,600 | 101,441 | ||||||||||
230,079 | ||||||||||||
Spain | 2.7 | % | ||||||||||
Industria de Diseno Textil SA | 3,100 | 183,364 | ||||||||||
Sweden | 6.4 | % | ||||||||||
Alfa Laval AB* | 2,400 | 115,228 | ||||||||||
EQT AB | 6,700 | 229,251 | ||||||||||
Volvo AB | 3,800 | 100,351 | ||||||||||
444,830 | ||||||||||||
Switzerland | 9.7 | % | ||||||||||
Novartis AG | 800 | 91,824 | ||||||||||
Roche Hldg. AG | 400 | 127,883 | ||||||||||
SGS SA* | 1,900 | 211,775 | ||||||||||
Zurich Insurance Group AG | 400 | 240,925 | ||||||||||
672,407 | ||||||||||||
United Kingdom | 23.2 | % | ||||||||||
Anglo American PLC | 3,000 | 97,420 | ||||||||||
AstraZeneca PLC | 950 | 147,174 | ||||||||||
BAE Systems PLC | 10,400 | 172,059 | ||||||||||
BP PLC | 19,200 | 100,543 | ||||||||||
CRH PLC | 1,200 | 109,380 | ||||||||||
HSBC Hldgs. PLC | 16,600 | 148,512 | ||||||||||
NatWest Group PLC | 20,900 | 96,090 | ||||||||||
Rolls-Royce Hldgs. PLC* | 52,800 | 372,141 | ||||||||||
Shell PLC | 4,900 | 158,857 | ||||||||||
Unilever PLC | 3,000 | 194,078 | ||||||||||
1,596,254 | ||||||||||||
United States of America | 2.8 | % | ||||||||||
Cadence Design Systems, Inc.* | 700 | 189,721 | ||||||||||
Total Equities | ||||||||||||
(Cost: $5,643,784) | $ | 6,807,616 | ||||||||||
Short-Term Investments | 2.6 | % | ||||||||||
Fidelity Investments Money Market Government Portfolio Class I 4.83%a | 180,976 | 180,976 | ||||||||||
Total Short-Term Investments | ||||||||||||
(Cost: $180,976) | $ | 180,976 | ||||||||||
Total Investments | 101.1 | % | ||||||||||
(Cost: $5,824,760) | $ | 6,988,592 | ||||||||||
Other Liabilities Less Assets | (1.1 | )% | (73,198 | ) | ||||||||
Net Assets - 100% | $ | 6,915,394 |
a | Annualized seven-day effective yield as of September 30, 2024 |
* | Non-income producing security during the period ended September 30, 2024 |
SECTOR ALLOCATIONS (As a Percentage of Net Assets) | ||||
Communication Services | 4.3 | % | ||
Consumer Discretionary | 18.5 | % | ||
Consumer Staples | 2.8 | % | ||
Energy | 3.8 | % | ||
Financials | 20.3 | % | ||
Healthcare | 7.7 | % | ||
Industrials | 26.6 | % | ||
Information Technology | 9.5 | % | ||
Materials | 5.0 | % |